"Depopulation to affect regional real estate prices": Seven questions for Markus M. Grabka

Mr. Grabka, you have studied the effects of the demographic shift on residential real estate prices in Germany. What does population growth in the coming decades look like?

We based our work on the population forecast coordinated by the German Federal Statistical Office (Statistisches Bundesamt), which currently extends to 2060. According to that projection, the population of Germany will shrink by between eight and 13 million persons by then, depending on the level of migration to the country. [...]